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Medina Ohio Real Estate & Community Information
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Founded in 1816 and incorporated as a village in 1835, the City of Medina enjoys a long and rich history that is evident in the restored Victorian architecture of its picturesque Public Square area. A visit to Medina’s historic Square is like taking a step back in time, a feeling that attracts tourists and residents to its unique shops, fine restaurants and many special events. Time, however, has not stood still, and this bustling city serves as the seat of county government for one of the fastest growing and most prosperous counties in northeastern Ohio. The City of Medina is an attractive community of 25,139 (2000 census). The population within a 15 mile radius is approximately 275,000.
Ideally situated in close proximity to major interstate highways and urban centers, the City of Medina offers vibrant commercial and retail locations, as well as prime sites for research and manufacturing. An abundant water supply, access to rail, and installed fiber can meet the needs of the most advanced business and manufacturing processes. Currently home to companies such as 3M, Owens Corning and Valspar, Medina offers a quality of life, that its business partners have come to value for their employees.
A large industrial district of 800 acres was established around 1952 with all utilities installed and access to rail. Since then, more than 124 new industries have located facilities here. These have been highly diversified and range in size from plants with more than 350 employees to smaller operations with a workforce of 50 or fewer. The industrial district is a part of both an Enterprise Zone and a Community Reinvestment Area. Commercial expansion has mirrored the population growth of the City and blends the charm of the historic district with those featuring a more contemporary look. | |
.:: MEDINAMARKETUPDATE ::.
Up-to-date LOCAL real estate information...from your LOCAL expert.
The Sharon Fletcher Team is your local source for Medina real estate information. As a service to you, we've created this site for you to learn up-to-date market numers anytime of the day.
:: City of Medina Real Estate Numbers - as of 05/15/09 ::
UPDATE: As we continue to watch the numbers every month, the market continues in its current buyer's market state. As the amount of homes available increases, the average price of homes continues to favor buyers. Buying in this market is one of the best long-term investments you can make! | PRICE RANGE | ACTIVE LISTINGS | PENDING SALES | PENDING RATIO | EXPIREDS | CLOSED SALES - LAST 6 MONTHS | AVERAGE LIST PRICE | AVERAGE SOLD PRICE | AVERAGE LIST PRICE/SOLD PRICE | DAYS ON MARKET | | $100,000 - $149,999 | 67 | 12 | 18% | 4 | 32 | $131,333 | $125,472 | 96% | 136 | | $150,000 - $199,999 | 81 | 14 | 17% | 1 | 35 | $177,596 | $172,272 | 97% | 147 | | $200,000 - $249,999 | 37 | 12 | 32% | 3 | 13 | $224,199 | $213,440 | 96% | 163 | | $250,000 - $299,999 | 7 | 0 | 0 | 1 | 3 | $278,417 | $270,167 | 97% | 181 | | $300,000 - $349,999 | 5 | 1 | 20% | 0 | 2 | $317,325 | $305,000 | 96% | 111 | | $350,000 - $399,999 | 0 | 0 | 0 | 0 | 1 | $369,500 | $350,000 | 95% | 30 | | $400,000 - $449,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | $450,000+ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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The City takes great pride in its downtown restoration of its historic Victorian-era buildings that now host quaint shops and popular restaurants. Central to this historic district is the Medina Public Square offering the charm and feel of a New England village green and serving as the site of summer band concerts, festivals and art shows. In addition to the uptown commercial district, the City of Medina features several additional attractive shopping venues.
This turn-of-the-century setting should not deceive one, for the City of Medina is home to a progressive city government which has expanded municipal services to match growth and provide for the future. It has a non-partisan Mayor and City Council form of government. Community leadership also thrives under the direction of the Medina Area Chamber of Commerce.
Residential growth skyrocketed in during the 1990's. Throughout this time there have been numerous upscale residential developments and apartment/condominium units constructed to compliment the Victorian homes of the historic district and adequately house the population of one of the state's fastest growing counties.
Medina boasts an outstanding school system that ranks well in the Ohio Department of Education's Annual Report Card. The school district is made up of six elementary schools, two middle schools and one high school that underwent a major expansion. Within the City's boundries, two excellent school systems offer academic and techonology training that prepares young people for both college and the workforce: Buckeye Local Schools and the Medina County Career Center. Private school is also accessible.
Advanced education is readily available locally and from numerous colleges and universities in the surrounding area that offer a full compliment of certificate, undergraduate and graduate degrees. The soon-to-be constructed Medina County University Center is only a quarter-mile south of the city. Medina offers employers a well-trained workforce with opportunity for on-going career development.
Whether you are looking for a place to raise a family, settle down, get an education or start a business, the City of Medina will meet and exceed your needs and expectations. | |
Medina Ohio Real Estate Listings
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Can't find what you're looking for? Sign up to receive New Listing Alerts in your email for new Medina Ohio real estate listings - homes, condominiums, and new construction homes matching your "wish list."
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(36 Photos)
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1521 Pebblecreek
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MLS®
$925,000
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7,558 sq. ft.
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(36 Photos)
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5314 Royal Ridge Lane
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MLS®
$439,900
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3,133 sq. ft.
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(33 Photos)
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5946 Spieth Road
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MLS®
$289,900
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4,021 sq. ft.
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View
(36 Photos)
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149 Patrick John
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MLS®
$259,900
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2,261 sq. ft.
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(26 Photos)
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3877 Mount Vernon
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MLS®
$259,900
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2,960 sq. ft.
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